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    FG approves 300% increase in electricity tariff

    NERC has no authority over state tariff – Enugu Electricity Regulator

    US Court clears Donald Trump to run for President

    Breaking: US and EU agree trade deal

    Federal Government commissions three “ultra-modern” oncology centers

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    FG denies JSS1 admission age rumors, confirms 10-year minimum

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    Enugu State Electricity Regulator lacks power to reduce electricity tariff – NERC

    UK bans Nigerian students and others from bringing family

    UK stops issuing new Health and Care Worker visas to foreign workers

    Trump wins a resounding victory in first Republican primary in Iowa

    Trump secures U.S. – Japan strategic trade and investment agreement

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    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

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    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

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    Spain golden visa scheme ends as Portugal and Greece demand increases

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    CBN ends free ATM withdrawals for other banks’customers

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    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

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Access Bank Plc completes the Acquisition of Transnational Bank (Kenya) Plc

Monday, 20 July 2020, 7:43 pm
in Business, Companies
0
Access Bank Refunds Customers Stamp Duty Charge
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Access Bank Plc on Monday informed the Nigerian Stock exchange and the investing public that it has completed the acquisition of Transnational Bank Plc (TNB) in Kenya.

This was contained in notification signed by Company Secretary, Sunday Ekwochi dated 20 July 2020. The Bank said it has obtained full regulatory approvals and has fulfilled all conditions for the acquisition.

TNB is a medium sized commercial bank with a great focus on the agriculture according Access bank publication dated 28 October 2019.

  • Read also; Japan reveals 87 projects eligible for ‘China exit’ subsidies

Commenting on the acquisition, Herbert Wigwe, the Bank’s Group Managing Director/Chief Executive Officer said the bank is thrilled to enter in the vibrant Kenyan Market and pledged that the bank will continue ensure its customers’ satisfaction.

“we are excited to make an entry into the vibrant Kenyan market. We pledge to put our customers at the forefront of everything we do.”

Access bank aspires to be Word’s most respected bank in Africa. The bank operates over 600 branches in 12 countries serving more than 36 million customers. The bank employs over 28,000 people in its operations in Nigeria, Sub-Saharan Africa and the United Kingdom, with representative offices in China, Lebanon, India and the UAE.

Written by;

Ifunanya Ikueze

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